S. 2061, Former Charleston Naval Base Land Exchange Act of 2012

Cost Estimate
May 3, 2012

As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on April 25, 2012

S. 2061 would authorize the exchange of about 10 acres of land located on the former U.S. Naval Base Complex in Charleston, South Carolina, and controlled by the Federal Law Enforcement Training Center (FLETC) for about 25 acres of land that is owned by the South Carolina State Ports Authority (SCSPA). The exchange would allow FLETC to control parts of the training facility currently owned by SCSPA and would provide property for SCSPA to expand the size of the port facility.

Based on information from FLETC and SCSPA, CBO estimates that implementing the legislation would have some small administrative costs to carry out the exchange, but such costs would not be significant. Enacting the legislation would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.

S. 2061 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act; any costs to the state would be incurred voluntarily.

The CBO staff contact for this estimate is Matthew Pickford. This estimate was approved by Theresa Gullo, Deputy Assistant Director for Budget Analysis.